Everyone is talking about Bitcoin holding above $80K. I’m looking at something else.
Friday looked impressive on the surface.
U.S. spot Bitcoin ETFs absorbed roughly $433M, with Fidelity alone accounting for around $311M of the inflow. �
Investing.com Canada +1
But zoom out one week and the picture changes.
Those ETFs finished the week with just $6.2M in net inflows.
That’s because Tuesday saw about $450M leave the funds, followed by another $296M of outflows Wednesday. Friday’s buying basically repaired the damage rather than creating a massive weekly accumulation wave. �
The Block
And this is where BTC gets interesting.
Bitcoin has recovered from around $60K in late August to above $80K, while ETF demand has started returning. But the flow data is still uneven, and macro conditions remain a major variable. Reuters also reported that Treasury yields, inflation expectations and Federal Reserve policy remain important risks to the recovery. �
reuters.com
So I’m not treating one giant ETF inflow as proof of anything.
I’m watching whether the buying persists after the headline number disappears.
That’s where the real story starts.
$BTC
Friday looked impressive on the surface.
U.S. spot Bitcoin ETFs absorbed roughly $433M, with Fidelity alone accounting for around $311M of the inflow. �
Investing.com Canada +1
But zoom out one week and the picture changes.
Those ETFs finished the week with just $6.2M in net inflows.
That’s because Tuesday saw about $450M leave the funds, followed by another $296M of outflows Wednesday. Friday’s buying basically repaired the damage rather than creating a massive weekly accumulation wave. �
The Block
And this is where BTC gets interesting.
Bitcoin has recovered from around $60K in late August to above $80K, while ETF demand has started returning. But the flow data is still uneven, and macro conditions remain a major variable. Reuters also reported that Treasury yields, inflation expectations and Federal Reserve policy remain important risks to the recovery. �
reuters.com
So I’m not treating one giant ETF inflow as proof of anything.
I’m watching whether the buying persists after the headline number disappears.
That’s where the real story starts.
$BTC
